Economics

Cash limits: How do PrivatBank and Savings Bank's ATMs work in war conditions

Some Ukrainian banks have set a limited number of cash withdrawal operations with other banks in their own ATMs. For example, PrivatBank allows such operations twice a day. State banks and commercial banks of Ukraine have set cash withdrawal limits in ATMs. "Oschadbank" gives the opportunity to withdraw up to 50 thousand UAH, and "PrivatBank" - 20 thousand UAH with the possibility of repeated approach. Banking limits for cash withdrawal were told on the portal of the National Bank of Ukraine (NBU).

In February 2022, the NBU prepared a document, which refers to the conditions for withdrawal of cash in ATMs of 14 Ukrainian banks. It indicates that money can be obtained "for all cards of any bank". The NBU, creating a document, used decisions made by banking units in the first weeks of the invasion. In general, it is about the so -called "banking roaming": the largest banks of Ukraine were allowed to withdraw money in their ATMs to owners of other people's cards.

Limits for cash withdrawal: on the portal of JSC CB "PrivatBank" you can learn about the features of transferring funds. For example, in the case of transfers between cards of individuals - the maximum amount of 29 999 UAH for one transaction. For the sender: for the recipient: on the portal "Savings Bank" describes the features of operations with your own funds: note that on February 15, "PrivatBank" told about a new service for Ukrainians who want to transfer money from Poland to Ukraine.